SYZ opts for style over strategy

SYZ Asset Management, manager of the Altin-listed fund of hedge funds, believes that the management style of a hedge fund is more important this year than selecting funds based on which strategies are doing well.


Lloyd's of London crashes to loss

The Lloyd's of London insurance market crashed to a first-half loss of 697 million pounds ($1 billion), weighed down by record claims from natural catastrophes including the March 11 Japanese earthquake and tsunami.


Trade bodies urge restraint on AIFMD

Industry bodies are calling on the European Securities and Markets Authority to apply proportionality in the treatment of alternative investment funds when it submits its recommendations to the European Commission later this year.


Lloyds Considers Sale of Loan Portfolio - Sunday Times

Lloyds Banking Group Plc (LLOY) is considering selling a 1 billion-pound ($1.59 billion) portfolio of property loans as it seeks to repair its balance sheet, the Sunday Times reported without saying where it got the information.